Oracle Crystal Ball is a software program for risk analysis, forecasting, and uncertainty modeling. It works as an add-in for Microsoft Excel and allows you to assess what results might occur when input data changes.

To put it simply: it’s a tool that helps answer not only the question “What if…?” but also “How likely is it that this will happen?”

For example, instead of calculating a project’s profit based on a single price, sales volume, and set of expenses, Crystal Ball lets you specify ranges of possible values and run thousands of virtual scenarios.

Key Features

- Monte Carlo Simulation — modeling a multitude of possible outcomes.

- Sensitivity Analysis — identifying the parameters that have the greatest impact on the result.

- CB Predictor — forecasting time series and analyzing historical data.

- OptQuest — finding optimal solutions while accounting for constraints and uncertainty; available in the corresponding module.

- Plotting probability graphs, distributions, and reports.